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20130423
20130423
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on foreign relations, previously was a project director for the 2009 independent task force on u.s. immigration policy and previously worked at the financial times with the washington bureau chief there. from norths us now branford, connecticut on our independent line. caller: good morning. i am in disagreement with your guest. he says there is no problem on immigration. watched c-span and heard the calls come in about immigration yucca guest: -- host: they are against immigration? let's let him give his take on the immigration issue. talkinge have been about the boston issue. that is a screening history. there is a broader issue of immigration reform in washington. we have an 840 four page bill drawn up by the so-called gang of eight. hearing in the senate judiciary committee today. this is a big bill and raises issues far beyond the boston bombings. if you actually look at public opinion polls, most americans either say we have enough immigration now, or somewhat too much. it is a small minority of americans calling for more immigration. generally, americans are happy with the
incentive to buy many of the things is rising sharply, including foreign bonds. and i think certainly the strength of some of the so-called core markets in europe, like france, for example, the past few weeks, probably greatly are due to the shift in japan's policies and maybe it's also starting to shift a bit into the periphery. against the background of the ecb from what i can see preparing the grounds for possible further move of monetary expansion themselves. >> right. yeah. >> so the peripheral narrowing makes a lot of sense. german yields are at such low levels, i wouldn't want to be rushing to put some of the o'neill trust in there. i think the spread timing going on with it makes a bit of sense. >> it's just interesting, as you say, tu look at what japan is doing and the attention shifting now to not just what they hope to achieve, but whether they'll actually be able to accomplish it. after averaging 0.6% deflation for the last couple of decades, are they going to hit 2%? is there, you know, a reason why people here, after the rallies that we've seen, should be a little bit m
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